There are signs that British-based companies might be taking action already, ahead of the actual Brexit. For British banks, a big worry is whether they will able to continue offering services to clients across the bloc. Nor has she detailed what kind of relationship she wants with the European Union’s single market, which aims to eliminate nontariff barriers and to forge a single services market. Advertisement Continue reading the main storyAround three-quarters of the 1.6 million vehicles built in Britain in 2015 were sold abroad; about 57 percent of British car exports go to the European Union. And the longer Brexit uncertainty prevails, the less attractive Britain is likely to be for many manufacturers, including those from the auto industry.

Source: New York Times January 15, 2017 17:57 UTC